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7 Jul 20
Proponents of universal basic income believe their case has been strengthened by the sudden shock of the pandemic, with several countries implementing emergency schemes, but what form should it take...
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2 Jul 20
Nearly $8bn of aid has been raised for Syria in just one day at a donor conference in Brussels.
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1 Jul 20
The Covid-19 pandemic has highlighted structural problems in the financial relationship between Pakistan’s federal and provincial governments, according to Muhammad Afnan Alam.
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30 Jun 20
France should undertake an “in-depth review” of its public spending policies in order to rebuild its economy and stop government debt spiralling, the country’s state auditor has said.
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30 Jun 20
Nearly $1.5bn was mistakenly sent to deceased citizens in the US as the government rushed to protect the economy against the effects of Covid-19.
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24 Jun 20
EU leaders have just three weeks to find common ground on a €750bn post-coronavirus recovery programme, with wrangling continuing over whether countries should be paid in grants or loans.
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24 Jun 20
Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
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11 Jun 20
A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
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5 Jun 20
Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
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2 Jun 20
Investment in education and public health will be vital for post-coronavirus recovery, the World Bank has claimed.
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2 Jun 20
The shock of Covid-19 combined with years of declining foreign aid has left the Palestinian Authority with a “monumental task” to save its economy and protect its public finances, a World Bank...
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29 May 20
The European Commission has proposed a €750bn recovery fund to help drag EU economies out of the slump caused by the Covid-19 pandemic.
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22 May 20
Australia has halved the number of people’s wages it expects to subsidise as part of its Covid-19 economic rescue package, blaming reporting errors for the confusion.
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4 May 20
The EU is sending billions of euros to the Western Balkans to help the region through the challenges of the Covid-19 pandemic.
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30 Apr 20
Nigeria has been given an emergency $3.4bn support package from the IMF to deal with the economic impact of coronavirus and the sharp fall in oil prices.
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28 Apr 20
The Russian government has been urged to spend half of its National Wealth Fund of saved oil and gas revenues to deal with the Covid-19 crisis.
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24 Apr 20
The US House of Representatives has approved $484bn more of coronavirus relief measures, bringing the government’s total spending on fighting the crisis to almost $3trn.
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24 Apr 20
South African president Cyril Ramaphosa has announced a Covid-19 economic rescue package equivalent to 10% of his country’s GDP.
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24 Apr 20
The fiscal deficit caused by the collapse of oil prices and the coronavirus pandemic could force Saudi Arabia to borrow about $26bn more than it planned this year, as well as draw down up to $32bn...
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22 Apr 20
In 1948, the US passed an initiative that sent more than $12bn (the equivalent of about $128bn today) to Western Europe to recover from the Second World War. Dag Detter argues the world will need...
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21 Apr 20
IMF support is “like blood for the human body” during the coronavirus pandemic, the president of Ukraine has said as his country prepares to deal with the economic fallout of the crisis.
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20 Apr 20
European economies will need at least €500bn from EU institutions to tackle the Covid-19 financial crisis, the head of the EU’s bailout body has said.
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17 Apr 20
International aid will be “critical” in fighting the coronavirus pandemic, the head of the OECD has said, as rich countries look to help their developing counterparts through the crisis and continue...
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17 Apr 20
G20 countries have agreed a finance plan to help some of the poorest countries in the world during the coronavirus pandemic.
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14 Apr 20
The IMF has wiped six months of debt repayments for 25 of the world’s poorest countries, to give them space to deal with the coronavirus pandemic.